92 STAT. 2120
PUBLIC LAW 95-557—OCT. 31, 1978 viding such assistance, to increase the capacity of neighborhood organizations to utilize and coordinate resources available from the public and private sectors and from the residents and neighborhoods themselves, m conserving and revitalizing such neighborhoods. DEFINITIONS
42 USC 8122.
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SEC. 703. As used in this title— (1) the term "neighborhood organization" means a voluntary, nonprofit organization which (A) is broadly representative of the neighborhood in which the project will be located (and may include representatives of local business, financial and other governmental and nongovernmental entities), (B) is accountable to neighborhood residents with respect to the project being proposed, (C) has an objective the preservation and revitalization of such neighborhood, and (D) is found by the Secretary to have a proven record or demonstrable capacity for developing resources for, and effectively implementing neighborhood conservation and revitalization programs and projects; (2) the term "neighborhood conservation and revitalization projects" includes, but is not limited to, (A) locally initiated programs for housing rehabilitation or the creative reuse or improvement of existing housing; (B) conservation and revitalization of neighborhood retail business areas and the recycling of vacant or underutilized industrial sites, public facilities, and privatelyowned businesses for the purpose of expanding employment opportunities and neighborhood economic development; and (C) energy conservation and weatherization projects; and (3) the term "Secretary" means the Secretary of Housing and Urban Development. AUTHORITY TO PROVIDE ASSISTANCE
Grants. 42 USC 8123. '
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SEC. 704. (a) The Secretary is authorized to make grants and to provide other forms of assistance to neighborhood organizations for effectively preparing and implementing specific housing, economic and community development, and other appropriate neighborhood conservation and revitalization projects within a particular neighborhood, and to assist such organizations in implementing such projects in partnership with local government and other public and private entities. (b) Grants and other forms of assistance may be made available under this section only if— (1) the assistance will be used for a specific project which is related to and supportive of a conservation or revitalization strategy for the neighborhood in which the project will be located; (2) the project will, to the extent feasible, include a self-help component which involves a contribution of time or resources by neighborhood residents; (3) the project will directly benefit the residents of a low- or moderate-income neighborhood; (4) the project will, to the extent feasible, involve leveraging of resources available from the private sector; (5) the project will, to the extent feasible, involve the coordination of resources available from the local. State, or Federal Government;
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